Brazil sees sharp increase in inward foreign investment
Brazil’s Central Bank has reported a sharp rise in the level of foreign direct investment coming into the country. $26.5 billion was received between January and August this year.
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Egypt becoming a more investment-friendly nation
Egypt has signed a declaration to encourage investment into the country. The declaration cites Egypt’s commitment to creating a more investment-friendly climate and to attracting multinational companies.
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Dubai takes action to calm soaring rental costs
As the supply of affordable rental property in Dubai fails to meet the soaring demand, authorities are introducing measures such as the creation of a Real Estate Regulatory Agency.
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Predicted price growth in Slovakia as borders are relaxed
A rise in property prices in Slovakia’s capital, Bratislava, is predicted, following the announcement that Slovakia is to join the border-free Schengen zone at the beginning of next year.
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Large investment into new hotels for Portugal’s Algarve
Tourism in the Portuguese Algarve is due to receive a significant boost thanks to global investment of €1.5 billion into ten new hotels in the region.
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3M plans multi-million dollar investment in Poland
Poland is to receive $200 million in investment from technology company 3M over the next two years, $50 million of which the country will receive in 2008.
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